adidas CEO Kasper Rørsted Is Stepping Down in 2023

Having held the adidas CEO position since 2016, Kasper Rørsted has decided to call it quits. Plans to step down from leading the German sportswear imprint in 2023 are in place, and the brand is currently in search of finding a successor.This move may come as a bit of a shock to industry folks considering that Rørsted renewed his contract in 2020 for five years. However, inflation, the ongoing COVID-19 pandemic and rising supply chain issues have erected a plethora of obstacles when it comes to...